Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 2000.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
91 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
7 people listed on the 990; $6K paid to officers and key staff.
Bill Garrels’s $6K as Head Coach/M is at the 15th percentile of top reported officer pay among 1017 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Jane Scott | — | — | $13,340 | $42,050 | $45,360 |
| Hermine Higgins | — | — | $6,262 | $25,902 | $26,976 |
| Bill Garrels | $5,871 | $9,013 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Organizes and coaches daily adult swim workouts at Boulder recreation facilities.
Questions for Bam Swim Team
Your first name shows with your question. Bam Swim Team answers here, for everyone.
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Pool swimming, open water swimming, and partnerships. Partnership porgrams that are run in conjunciton with healthcare providers, where access to our coached swim workouts is provided as a benefit, and we receive a pre- negotiated compensation per swim, per month, up to a certain maximum of swims.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $108K | $177K |
| Total assetsLn 16 | $110K | $181K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $110K | $181K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $6K | $6K | ||
| Other salaries and wagesLn 7 | $10K | $10K | ||
| Other employee benefitsLn 9 | $959 | $959 | ||
| Accounting feesLn 11c | $1K | $1K | ||
| Other fees for servicesLn 11g | $52K | $52K | ||
| Office expensesLn 13 | $919 | $687 | $232 | |
| Information technologyLn 14 | $2K | $2K | ||
| OccupancyLn 16 | $73K | $73K | ||
| InsuranceLn 23 | $3K | $3K | ||
| Other expenses (24a–d)Ln 24 | $8K | $2K | $6K | $23 |
| All other expensesLn 24e | $809 | $370 | $439 | |
| Total functional expensesLn 25 | $158K | $144K | $14K | $23 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $228K | $158K | $70K | $181K | 990 PDF |
| FY2023 | $171K | $110K | 990 PDF | ||
| FY2022 | $160K | $80K | 990 PDF | ||
| FY2021 | $163K | $81K | 990 PDF | ||
| FY2020 | $165K | $201K | −$36K | $37K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $228,314 revenue, 12 lines filed
Part VI · Governance 6 of 7 board members independent, 3 to look at
Part VIII · Statement of revenue $228,314 across 6 lines filed
Part IX · Statement of functional expenses $158,125 across 11 lines filed
Part X · Balance sheet $180,942 assets, 9 lines filed
Part XI · Reconciliation of net assets $180,942 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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